What is a Statutory Employee?
What is the IRS definition of a statutory employee?
The definition of a statutory employee is a person that is treated partly as an employee and partly as a self employed individual.
Statutory or regular employee? When is a person a statutory employee?
Whenever a person is an employee as well as a self employed business owner, the person is considered a statutory employee as opposed to a regular employee.
How is a statutory employee treated for tax purposes?
A statutory employee is treated as:
How to know if I am a statutory employee?
If you are a statutory employee for tax purposes, box 13 of your W-2 will be checked.
What professions are often classified as statutory employees?
Full time life insurance salespeople, certain agent or commission drivers, traveling sales people, certain homeworkers.